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A $100,000 bond was retired at 96 when the carrying amount of the bond was $105,000. The entry to record the retirement would include a:
Predictive Ability
The capability of a model or score to accurately forecast or estimate the likelihood of future outcomes or behaviors.
Reliability
The consistency of a test.
Validity
How well a test measures what it says it does.
Predictive Validity
The extent to which a score on a scale or test predicts future performance on a related outcome.
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